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Blog, News, GST & Customs

February 16, 2026

Children Scooter, Smart Tricycle etc. fitted with electronic circuit will be taxable at 18% under GST: AAR

Case Details: Authority for Advance … Continue reading “Children Scooter, Smart Tricycle etc. fitted with electronic circuit will be taxable at 18% under GST: AAR”

Blog, News, GST & Customs

February 24, 2026

HC rejects bail application of petitioner who was not in custody & already released on interim bail

Case Details: Vishal Gupta v. … Continue reading “HC rejects bail application of petitioner who was not in custody & already released on interim bail”

Blog, News, Account & Audit

February 24, 2026

Exposure Draft of Revised Accounting Standard Issued by ICAI

The Accounting Standards Board (ASB) … Continue reading “Exposure Draft of Revised Accounting Standard Issued by ICAI”

Blog, News, Income Tax

February 12, 2026

Word ‘exclusively’ used in Sec. 40(a)(iib) can’t be defeated if Govt. issued licence to more than one undertaking: SC

Case Details: Kerala State Beverages … Continue reading “Word ‘exclusively’ used in Sec. 40(a)(iib) can’t be defeated if Govt. issued licence to more than one undertaking: SC”

Blog, News, Income Tax

February 24, 2026

Dilemmas of AOPs engaged in business

V. K. SUBRAMANI – [2021] … Continue reading “Dilemmas of AOPs engaged in business”

News, Blog, GST & Customs

February 24, 2026

No Customs Duty on import of COVID-19 vaccine till 30th June, 2022: Notification

Notification No. 61/2021-Customs Dated December … Continue reading “No Customs Duty on import of COVID-19 vaccine till 30th June, 2022: Notification”

Blog, News, GST & Customs

February 25, 2026

New Twists in a Twisted Tale – An executive takeaway of 10th amendment in CGST Rules

Manoj Sharma – [2022] 134 … Continue reading “New Twists in a Twisted Tale – An executive takeaway of 10th amendment in CGST Rules”

Blog, News, FEMA & Banking

February 17, 2026

RBI caps the upper limit of offline payments up to Rs. 200 per transaction; the overall limit is capped at Rs. 2000

Circular No. RBI/2021-22/146 CO.DPSS.POLC.No.S1264/02-14-003/2021-2022, Dated: … Continue reading “RBI caps the upper limit of offline payments up to Rs. 200 per transaction; the overall limit is capped at Rs. 2000”

Blog, News, Company Law

January 5, 2022

SEBI clarifies on submission of NOC from banks, FIs for mergers and demergers of listed companies

Circular No. SEBI/HO/CFD/SSEP/CIR/P/2022/003, Dated: 3-1-2022 … Continue reading “SEBI clarifies on submission of NOC from banks, FIs for mergers and demergers of listed companies”

News, Blog, Company Law

February 25, 2026

SEBI modifies the exercise mechanism of options contracts on commodity futures

Circular No. SEBI/HO/CDMRD/DNP/CIR/P/2022/01, Dated: 03-01-2022 … Continue reading “SEBI modifies the exercise mechanism of options contracts on commodity futures”